Key Features
Current Income: £175,000 pax increasing to £180,000 pax in Dec 2026
A Purchase at this level reflects a Net Initial Yield of 8.3%, assuming Purchaser's Costs of 6.14%
From December 2026 the Net Rental Yield will Increase to 8.6%, assuming Purchaser's Costs of 6.14%
Current Ground Rent £24,000 subject to September 2027 Review
Tenant is Focal Plastics Ltd (Experian Score 93/100).
Focal Plastics Ltd specialise in the Design & Manufacture of Bespoke Vacuum Formings
The property has an EPC rating of D-89.
Contact
Property Description
Steel portal frame warehouse/industrial unit arranged over three interconnecting warehouses, plus mezzanine storage, on a rectangular site of 0.82 Acres, with ground floor offices, w/c facilities and meeting room, plus first floor office. A gated yard to the side of the building provides 'in and out' access, plus parking.
INVESTMENT SUMMARY
Assuming a sale price of £1.6m, with a current passing rent of 175,000 pax, equating to a Net Initial Yield of 8.3%. From December 2026 when rent increases to £180k, the Net Rental Yield will increase to 8.6%.
Location
South Woodham Ferrers is situated in the South East Essex Area approximately 35 miles east of central London and 5 miles distant of Wickford and Rayleigh town centres, accessed via the A132 which provides good communications with the A130 and nearby arterial roads which provide direct communications to the M25 and national motorway network. South Woodham Ferrers has a main line railway station providing services to the City.
VAT
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.
